MADRID/SANTIAGO, Oct 12 (Reuters) - Spain's Gas Natural
on Sunday said it would launch a $3.3 billion takeover
offer for Chile's biggest electricity distributor Compania
General de Electricidad (CGE), in a bid to boost its
presence in growing Latin American markets.

As part of the deal with those investors, Gas Natural will
launch an offer for the rest of the firm on Monday, marking its
biggest ever foreign acquisition if it buys the whole of CGE.

The Spanish company has been looking to push further into
Latin America, where it sees growth potential as European
economies falter and tough energy reforms in its home market
drag on profit.
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